Global Financial Markets To Use China’s Recovery As Critical Gauge
Global financial markets will use China’s recovery as a sentiment tracker, affirms Nigel Green as European and Asian-Pacific markets and U.S. futures fell after...
American Express® Middle East launches ‘Choose your Prize’ campaign
Campaign to make using American Express Cards even more rewarding
Monthly raffle draw gives Cardmembers flexibility to select prizes that match their lifestyles
In line with...
Gold Advances Aggressively on Unchanged QE Policy
Gold futures pushed higher in early electronic trade on Thursday. The Federal Reserve’s surprise move on Wednesday promising to keep the cash flowing into...
Investors believe global economy will strengthen further in 2013
BofA Merrill Lynch Fund Manager Survey Finds Strong Investor Sentiment Consolidating While Equity Valuations Retain Support
Confidence in a strong global economic outlook has consolidated...
Hedge fund capital invested in Emerging Markets hits record to begin...
Hedge funds investing in Latin America and Eastern Europe experienced sharp losses to begin 2014 even as the funds saw strong capital inflows from...
Foreigners net DFM buyers by AED 5.08 mln
Non-Arab foreign investors bought shares at a net value of approx. AED 21.11 million, while their sell transactions reached about AED 20.02 million, according...
DFM Index gained 97.4 pts in 7 sessions
Dubai Financial Market General Index (DFMGI) extended its rally to the seventh straight session, inching up 0.26%, or 4.32 points, to 1652.76. The benchmark...
DAMAC planing IPO
Damac Properties is planing to launch an initial public offering (IPO) of its shares.
The listing on the Dubai Financial Market (DFM) will be executed...
Business, Political Uncertainty Driving Middle Eastern Investors To Secondary Commercial Locations
Amsterdam heads list of alternative office investment destinations
Some Middle East and Asian investors are diversifying from UK to Dutch office space investment
Savills,...
Saudi Tadawul Group Acquires a Strategic Stake in Dubai Mercantile Exchange...
Saudi Tadawul Group will acquire a 32.6% stake in DME Holdings Limited, the parent company of Dubai Mercantile Exchange (DME), through the acquisition of...
Regional Markets to Trade Sideways Short Term
US markets witnessed their month lows on Thursday and Friday as the new health care bill floundered and the Trump rally stumbled. Dow Jones...
Emirates NBD Asset Management Money Market Fund breaks US100 million
Emirates NBD Asset Management announced that its Emirates Islamic Money Market Fund attracted more than US100 million from investors 18 months since launch.
UAE Stocks Get First Emerging Market Status at FTSE Group
FTSE Group (FTSE), the award winning global index provider, today confirms the addition of the United Arab Emirates (UAE) as a secondary emerging market...
Abu Dhabi Stock Exchange to List Private Firms
The Abu Dhabi stock exchange is looking to list some of the emirate’s large private companies to help boost liquidity on the bourse and...
EU growth concerns send riskier assets tumbling
Higher-yielding assets turned bearish on Friday, as slowing economic growth throughout the euro-zone led to risk aversion among investors. Of particular concern is the...
UAE set to issue banking credit law
The UAE is on the process of issuing a new banking credit law, Minister of Economy HE Sultan Al Mansouri revealed today according the...
UAE To Create New Task Force for Digital Economy
Task Force working on next economy structure, GITEX GLOBAL Leaders Vision hears
Emirates Venus & Asteroid Space Mission looks for 50% private sector upstream development
The...
Global Investors Regain Risk Appetite
Investors have regained some appetite for risk with a strong consensus over a U.S. rate rise next month, according to the BofA Merrill Lynch...